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Insurance Contracts - Summary of Information Related to Policies Currently Included in Ambac's Loss Reserves or Subrogation Recoverable (Details)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2024
USD ($)
Policies
Dec. 31, 2023
USD ($)
Policies
Mar. 31, 2023
USD ($)
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Ceded Loss And Loss Expenses Paid Not Yet Recovered     $ 3
Number of policies | Policies 147 141  
Remaining weighted-average contract period (in years) 11 years 12 years  
Gross insured contractual payments outstanding:      
Principal $ 3,801 $ 3,838  
Interest 1,395 1,421  
Total 5,196 5,259  
Gross undiscounted claim liability 1,135 1,202  
Discount, gross claim liability 445 426  
Gross claim liability before all subrogation and before reinsurance (691) 777  
Less:      
Gross other subrogation (259) (263)  
Discount, other subrogation 72 69  
Discounted other subrogation, before reinsurance (187) (194)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (504) 583  
Less: Unearned premium reserves (24) (28)  
Plus: Loss adjustment expenses reserves 4 4  
Claim liability reported on Balance Sheet, before reinsurance 484 559  
Reinsurance recoverable reported on Balance Sheet 26 30  
Financial Guarantee      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Ceded Loss And Loss Expenses Paid Not Yet Recovered 16    
Financial Guarantee      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Loss Reserves Ceded To Reinsurers 26 30  
Ceded Loss And Loss Expenses Paid Not Yet Recovered $ 1 $ (1)  
I/SL [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 22 18  
Remaining weighted-average contract period (in years) 7 years 9 years  
Gross insured contractual payments outstanding:      
Principal $ 1,086 $ 429  
Interest 104 75  
Total 1,190 505  
Gross undiscounted claim liability 11 1  
Discount, gross claim liability 1 0  
Gross claim liability before all subrogation and before reinsurance (10) 1  
Less:      
Gross other subrogation (12) (13)  
Discount, other subrogation 2 2  
Discounted other subrogation, before reinsurance (10) (11)  
Gross claim liability, net of all subrogation and discounts, before reinsurance 0 10  
Less: Unearned premium reserves (7) 0  
Plus: Loss adjustment expenses reserves 1 0  
Claim liability reported on Balance Sheet, before reinsurance (6) (10)  
Reinsurance recoverable reported on Balance Sheet $ 1 $ 1  
IA [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 7 8  
Remaining weighted-average contract period (in years) 14 years 9 years  
Gross insured contractual payments outstanding:      
Principal $ 501 $ 1,084  
Interest 312 328  
Total 813 1,412  
Gross undiscounted claim liability 7 19  
Discount, gross claim liability 1 2  
Gross claim liability before all subrogation and before reinsurance (6) 17  
Less:      
Gross other subrogation (2) (2)  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance (2) (2)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (4) (15)  
Less: Unearned premium reserves (5) (12)  
Plus: Loss adjustment expenses reserves 2 3  
Claim liability reported on Balance Sheet, before reinsurance 1 6  
Reinsurance recoverable reported on Balance Sheet $ 0 $ 0  
II [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 11 9  
Remaining weighted-average contract period (in years) 12 years 13 years  
Gross insured contractual payments outstanding:      
Principal $ 442 $ 430  
Interest 264 262  
Total 707 692  
Gross undiscounted claim liability 37 41  
Discount, gross claim liability 6 7  
Gross claim liability before all subrogation and before reinsurance (31) 34  
Less:      
Gross other subrogation (1) 0  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance 0 0  
Gross claim liability, net of all subrogation and discounts, before reinsurance (31) 34  
Less: Unearned premium reserves (4) (4)  
Plus: Loss adjustment expenses reserves 0 0  
Claim liability reported on Balance Sheet, before reinsurance 26 30  
Reinsurance recoverable reported on Balance Sheet $ 7 $ 8  
III [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 11 13  
Remaining weighted-average contract period (in years) 11 years 13 years  
Gross insured contractual payments outstanding:      
Principal $ 276 $ 394  
Interest 103 139  
Total 379 534  
Gross undiscounted claim liability 230 324  
Discount, gross claim liability 76 86  
Gross claim liability before all subrogation and before reinsurance (154) 239  
Less:      
Gross other subrogation (26) (27)  
Discount, other subrogation 4 4  
Discounted other subrogation, before reinsurance (22) (23)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (133) 215  
Less: Unearned premium reserves 2 0  
Plus: Loss adjustment expenses reserves 0 0  
Claim liability reported on Balance Sheet, before reinsurance 135 215  
Reinsurance recoverable reported on Balance Sheet $ 14 $ 18  
IV [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 91 88  
Remaining weighted-average contract period (in years) 12 years 12 years  
Gross insured contractual payments outstanding:      
Principal $ 1,469 $ 1,473  
Interest 595 600  
Total 2,064 2,073  
Gross undiscounted claim liability 805 772  
Discount, gross claim liability 352 323  
Gross claim liability before all subrogation and before reinsurance (454) 450  
Less:      
Gross other subrogation (206) (208)  
Discount, other subrogation 62 60  
Discounted other subrogation, before reinsurance (144) (149)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (309) 301  
Less: Unearned premium reserves (9) (10)  
Plus: Loss adjustment expenses reserves 1 1  
Claim liability reported on Balance Sheet, before reinsurance 301 292  
Reinsurance recoverable reported on Balance Sheet $ 4 $ 3  
V [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 5 5  
Remaining weighted-average contract period (in years) 7 years 7 years  
Gross insured contractual payments outstanding:      
Principal $ 27 $ 27  
Interest 16 17  
Total 44 44  
Gross undiscounted claim liability 44 44  
Discount, gross claim liability 8 8  
Gross claim liability before all subrogation and before reinsurance (35) 36  
Less:      
Gross other subrogation (11) (11)  
Discount, other subrogation 3 3  
Discounted other subrogation, before reinsurance (8) (8)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (27) 28  
Less: Unearned premium reserves (1) (1)  
Plus: Loss adjustment expenses reserves 0 0  
Claim liability reported on Balance Sheet, before reinsurance 27 27  
Reinsurance recoverable reported on Balance Sheet $ 0 $ 0